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Jan 16, 2013
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i think we should extend if not end the debt ceiling issue. we should just set it aside for a considerable period of time. we should tackle sequestration and we have to do that in the next six weeks. so i'm hopeful that we don't drag this out as some people are saying and then move on to serious discussion of tax reform and entitlement issues. so i see it in a sense the opposite way. i say let it is done, the sequestration part in the debt ceiling in the next six weeks and then move on. those who are you saying let's do a triple by drivel, they are the ones who would be undermining the effort to sit down and had a serious discussion of tax reform. >> we have about two minutes left. francine. >> the question itemized reductions. what is your thought of having a cap and itemized deductions that people use for whatever they want. mortgage or a charity or whatever. >> i think the problem with a cat is that it has to seriously consequence, especially for charitable contributions. because a substantial portion of the charitable contributions come fr
i think we should extend if not end the debt ceiling issue. we should just set it aside for a considerable period of time. we should tackle sequestration and we have to do that in the next six weeks. so i'm hopeful that we don't drag this out as some people are saying and then move on to serious discussion of tax reform and entitlement issues. so i see it in a sense the opposite way. i say let it is done, the sequestration part in the debt ceiling in the next six weeks and then move on. those...
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Jan 15, 2013
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because we take it a whole lot -- we spend a whole lot more money than we take in, the debt ceiling become as real issue pd at government has to stop spending about $100 billion a month. that means the government will have to lay off people and that will mean more unemployment and more pain for people. it also means the government won't be able to pay all 6 it bills and it may stop sending money to the businesses in the united states. some of whom could go bankruptcy because of it. >> critics have said you can list out all of the things that won't get paid respect but in the end it has a massive ripple effect. and yet the house speaker said yesterday the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved. so i think a lot of people are tormented over this. they agree with both sides. yes, we can't spend, no, we can't default, but who does big business see this? >> big business is pretty clear. i've spoken to a lot of ceos. they don't want to have the debt ceiling be the problem. they think that
because we take it a whole lot -- we spend a whole lot more money than we take in, the debt ceiling become as real issue pd at government has to stop spending about $100 billion a month. that means the government will have to lay off people and that will mean more unemployment and more pain for people. it also means the government won't be able to pay all 6 it bills and it may stop sending money to the businesses in the united states. some of whom could go bankruptcy because of it. >>...
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Jan 16, 2013
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the debt ceiling issue should become a partisan issue. i appeal to the republicans to realize they should not place us in that kind of jeopardy. there will be hearing. we will work on witnesses today. i hope we will be resolving who the witnesses will be. i think there'll be concentration as to who they pick and our choice, one witness out of four. host: might it be secretary geithner? guest: no. host: tony. hi, tony. caller: good morning. guest: where is olive branch? i have been across the bridge there. caller: the talk about congress and everybody is looking at discretionary spending. we're finding the black rhino but we cannot take care of grandma. otherbuilding mosques foreign countries. people have to worry about being on the street and being homeless. we send money to countries to improve their water systems. thinking about the pipes in china. money out of this country. he talked about people spending money and avoiding taxes. host: we will get a response. guest: i do not know the last figure. we do have foreign assistance. it is a
the debt ceiling issue should become a partisan issue. i appeal to the republicans to realize they should not place us in that kind of jeopardy. there will be hearing. we will work on witnesses today. i hope we will be resolving who the witnesses will be. i think there'll be concentration as to who they pick and our choice, one witness out of four. host: might it be secretary geithner? guest: no. host: tony. hi, tony. caller: good morning. guest: where is olive branch? i have been across the...
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Jan 15, 2013
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how are some of the top republicans responding to president obama on this debt ceiling issue? >> reporter: well, jon, republicans are clearly uncomfortable with prominent democrats already talking about a tax increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending under control. >> it's a compelling message saying we ned to pay the bills we've racked up. of it messes the whole point again. think of it in terms of a credit card. in you have a son or daughter who exceeds the limit, the first thing you do is rip up the card, the second thing you do is you say you need to change your spending habits. >> reporter: they say we need to a just what bills we are paying and how they are paying. jon: the issue of depending on disaster relief could provide tkraeupl drama there on capitol hill. >> reporter: speaker john boehner promised that the house would take up sa
how are some of the top republicans responding to president obama on this debt ceiling issue? >> reporter: well, jon, republicans are clearly uncomfortable with prominent democrats already talking about a tax increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending...
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Jan 19, 2013
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so two issues i want to get to right now. immigration and debt. maria, i'm going to start with you on this one. the upcoming debt, certainly, the debt ceiling set the tone, really, for what to expect, we think, for the next four years. the battle over that, already. do you see that as the case? >> well, it's certainly going to be a big challenge, both for the president and for republicans. you're already hearing from republicans that came out of their retreat yesterday, essentially walking back, that they were going to use this debt ceiling pretty much to -- you know, as the democrats like to say, to take the economy hostage, to demand spending cuts. they have backed off of that, looking at some plan to raise the debt ceiling at least for the next three months, to give some time for those talks to happen. and there is a big challenge in coming together, because the president still really feels like absolutely, the debt needs to be focus on, it's a huge issue, big priority, but it needs to be done in a balanced way so that all the spending cuts are
so two issues i want to get to right now. immigration and debt. maria, i'm going to start with you on this one. the upcoming debt, certainly, the debt ceiling set the tone, really, for what to expect, we think, for the next four years. the battle over that, already. do you see that as the case? >> well, it's certainly going to be a big challenge, both for the president and for republicans. you're already hearing from republicans that came out of their retreat yesterday, essentially...
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Jan 14, 2013
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he will be talking about the debt ceiling. that is the $16.7 billion ceiling we will hit up against in congress. also, possibly touching on topics like gun violence and other issues that are on the president's agenda. >> ladies and gentlemen, the president of the united states. >> please have a seat. good morning. i thought it might make sense to take some questions this week as my first term comes to an end. it has been a busy and productive for years. i expect the same thing from the next four years, and i intend to carry out the agenda i campaigned on. new security for the middle class. right now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions in sound investments, and as long as washington politics did not get in the way of america's progress. as a set on the campaign, one component to growing our economy and broadening opportunity for the middle class is shrinking our deficit and a balanced and responsible way. for nearly two years now i have been
he will be talking about the debt ceiling. that is the $16.7 billion ceiling we will hit up against in congress. also, possibly touching on topics like gun violence and other issues that are on the president's agenda. >> ladies and gentlemen, the president of the united states. >> please have a seat. good morning. i thought it might make sense to take some questions this week as my first term comes to an end. it has been a busy and productive for years. i expect the same thing from...
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Jan 13, 2013
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we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a struggle speaking to a whole segment of the population about our principles of limited government and free enterprise if they think we don't want them here, alluding to those who might benefit from the d.r.e.a.m. act. so republicans have their own pr campaign to conduct with latinos on immigration reform, but how is the president going to combat republicans who want to see a more piece meal approach as we move forward here? >> reporter: i think we've seen the way the president has handled other recent challenges from his republican opposition when you consider just the fiscal cliff hanger as it were with campa
we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a...
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Jan 16, 2013
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should we use the debt ceiling. should we not use the debt ceiling and to punt on these issues. if one members of congress are back here working and two, they were working on fixing problems we know exist. our deficits are too large. we're borrowing too much. they could actually put in place a plan that would gradually deal with these problems. you lift the debt ceiling because you have resolved what is standing in the way. must be a smarter way to approach this. tracy: i get what you're saying. you need some sort of litmus and some sort of bar. but at the same time the markets moved on from this. if they were that concerned we would be down more than 20 points today. we still have a pretty darn good credit rating even though moody's keeps threatening to drop it. they threatened before. if we were in such dire straits, i think you would be feeling it in other places and really aside from us blow harding about it on the news all the time. i'm not sure anybody cares. >> well, that is a great point. markets are reading a lot of different tea leaves and have a lot of different conce
should we use the debt ceiling. should we not use the debt ceiling and to punt on these issues. if one members of congress are back here working and two, they were working on fixing problems we know exist. our deficits are too large. we're borrowing too much. they could actually put in place a plan that would gradually deal with these problems. you lift the debt ceiling because you have resolved what is standing in the way. must be a smarter way to approach this. tracy: i get what you're...
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Jan 20, 2013
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the drama in waington on a different issue. the nation's debt. we hit the ceiling and the government is using accounting tricks to pay the bills and top republican leaderships say they may vote in favor of a three month extension without requirements to cut government spending that. is according to eric cantor who said the vote could happen next week. it would mark a hudge about face for congressional republicans who said our government is addicted to spending . we turn to our new polling and show you most americans believe we have a spending problem. a whopping 83 percent said that government spending is out of control. compared to 62 percent in 2009 . majority of you scene percent favor raising the debt ceiling but the increase must be tied to major spending cuts. only 23 percent think it should be raised with no strings attached. that is what the republicans are considering. stay withs numbers just a moment now. we want to show you president obama will begin the second term with much less support than he had four years ago. the president's app
the drama in waington on a different issue. the nation's debt. we hit the ceiling and the government is using accounting tricks to pay the bills and top republican leaderships say they may vote in favor of a three month extension without requirements to cut government spending that. is according to eric cantor who said the vote could happen next week. it would mark a hudge about face for congressional republicans who said our government is addicted to spending . we turn to our new polling and...
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Jan 18, 2013
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jon: when republicans return to capitol hill next week they will folk on issues like the debt ceiling and upcoming budget battles. the president's sweeping effort to control guns including 23 executive actions could make it harder than ever to reach any kind of bipartisan agreement. senator rand paul says he will fight the president's executive orders. he's accusing the president of acting more like a king. >> our founding fathers were very concerned about having a separation of powers. they didn't want to let the president become a king. and i'm afraid that president obama may have this king complex sort of developing. i'm very concerned about this president garnering so much pow irand arrogance that he thinks he can 0 do whatever he wants. jon: senator ted cruz of texas seems to agree saying the president is high on power. >> this is the president who has drunk the kool-aid. he is feeling right now high on his own power and he is pushing on every front, on guns, i think it's really sad to see the president of the united states exploiting the murder of children, and using it to push
jon: when republicans return to capitol hill next week they will folk on issues like the debt ceiling and upcoming budget battles. the president's sweeping effort to control guns including 23 executive actions could make it harder than ever to reach any kind of bipartisan agreement. senator rand paul says he will fight the president's executive orders. he's accusing the president of acting more like a king. >> our founding fathers were very concerned about having a separation of powers....
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Jan 13, 2013
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to many people on the left saying the president has a unilateral power to raise the debt ceiling, and that is craziness. if you look at the 14th amendment, it says the full faith and credit of the u.s. debt will be honored. and, of course, it will be even if we don't pass a debt ceiling on time because the first thing that gets paid, you and i have talked about this many times, the first thing that gets paid -- neil: well, the lawyers argued that out in court, and that's what gets ridiculous. but, you know, sabrina, here's what worries me. we've already soon an effective strategy on the part of the white house to marginalize the republican house and make it sort of like the last part of the negotiating process on the cliff deal where it was take it or leave it, and you're going to look like obstructionists if you just leave it. so the house cowered and went ahead and accepted a deal. but they discovered a wisdom in that strategy to not only push the house aside, but maybe bypass it entirely. and i think that's a growing trend. what do we do? what do we say to follow be up on it? -- to
to many people on the left saying the president has a unilateral power to raise the debt ceiling, and that is craziness. if you look at the 14th amendment, it says the full faith and credit of the u.s. debt will be honored. and, of course, it will be even if we don't pass a debt ceiling on time because the first thing that gets paid, you and i have talked about this many times, the first thing that gets paid -- neil: well, the lawyers argued that out in court, and that's what gets ridiculous....
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not careening from a debt ceiling debacle to a fiscal cliff to some other issue with tax credits that expire every few months and all that kind of stuff so i think somehow the government as a whole has to come together in order to give business the confidence it needs. >> the single most important cost that we need to get under control is health care. which now takes up 17% of gdp and still rises much faster than inflation every year. peter or zag ran president obama's office of management and budget in the first term. he says obama care moves us away from a bad model where doctors and hospital haves a financial incentive to sell you lots of services. getting health care costs down is absolutely fundamental to the long-term fiscal health of the country. >> i think there's several things. i would point to moving much more aggressively away from fever service, even more rapidly. we don't need to wait until 2020. in addition i think the big gap that remains is medical malpractice reform and what i would favor is a safe harbor to a doctor. if you can show you're following an evidence-base
not careening from a debt ceiling debacle to a fiscal cliff to some other issue with tax credits that expire every few months and all that kind of stuff so i think somehow the government as a whole has to come together in order to give business the confidence it needs. >> the single most important cost that we need to get under control is health care. which now takes up 17% of gdp and still rises much faster than inflation every year. peter or zag ran president obama's office of...
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we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman with a look at some of the other stories ahead this morning. >>> we'll be talking about the golden globes. ben affleck didn't get nominated for an oscar, but his surprise win at the globes may be vindication. we'll have that, the other surprises, and the big snubs in a live report. >>> he's known for his role on "breaking bad," but actor steven michael casada has a new role to play, local school board member. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can tra
we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman...
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Jan 17, 2013
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the appropriate goal here whether the debate should occur, plus, if you use the debt ceiling as the issue, the president gets to talk about default, he gets to talk about social security, and from a republican standpoint, we should be talking about spending, spending restraint. so what's the logical place to do this? obviously, it's on the sequester. that's where the next pressure point should be, and we should have the debate over how much spending should be explained. the president said he'll do a two for one event, two dollars of spending for every dollar of revenue. $1.2 trillion of spending restraint, that makes sense. the two match up rather equally. .. >> the only way you can get agreements with both sides win by the way, if something like this. where there are a series of entitlement changes which do not impact immediately and leapfrog the president's term in office, so the price he will pay will not be significant any era of political capital, but which do very significant steps in getting our fiscal house in order. most of our entitlements concern that down the road driven event
the appropriate goal here whether the debate should occur, plus, if you use the debt ceiling as the issue, the president gets to talk about default, he gets to talk about social security, and from a republican standpoint, we should be talking about spending, spending restraint. so what's the logical place to do this? obviously, it's on the sequester. that's where the next pressure point should be, and we should have the debate over how much spending should be explained. the president said he'll...
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of the debt ceiling. lou, an interesting couple of months. looking forward to it. >> megyn: all right. thank you, sir. >> thanks, megyn. >> megyn: with the president refuse to go negotiate on that debt ceiling, it's coming and we're going to hit it and there's going to be a real question what we will do. he negotiated the last time and suddenly says he doesn't want to negotiate anymore and the republicans have drawn a line in the sand when it comes to these spending cuts, saying, if we don't see a dollar for dollar spending cut in the amount you want to raise the debt ceiling, there's no deal. what kind of progress can we hope for here? our political panel debates that coming up in our next hour. now to another big debate playing out in washington over the obama administration's efforts to overhaul the nation's gun laws. we heard some of that this morning. here is the president addressing this issue during a white house news conference, we mentioned, moments ago. >> what you can count on is that the thing
of the debt ceiling. lou, an interesting couple of months. looking forward to it. >> megyn: all right. thank you, sir. >> thanks, megyn. >> megyn: with the president refuse to go negotiate on that debt ceiling, it's coming and we're going to hit it and there's going to be a real question what we will do. he negotiated the last time and suddenly says he doesn't want to negotiate anymore and the republicans have drawn a line in the sand when it comes to these spending cuts,...
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you have the whole issue of whether or not the debt ceiling is going to be raised, whether or not that is going to be held hostage to actually paying the bills the government has to pay. you also talk about immigration reform. where does this fit in in terms of the president's priorities, do you think? >> well, from where i sat today, obviously it seems to be a very high priority for the president of the united states. i'll let the white house and the administration answer how they're going to deal with congress. that's their task, not mine. but i'm confident that the president, the vice president and the entire administration is going to do everything they can to get the package they proposed today through congress. and, you know, when you heard the president say, i think it's essential, american citizens, the american people have to demand this. we have to act. when you have 1,000 people nearly killed in last 30 days at the hands of gun, when you have mass tragedies like happened in connecticut, aurora, colorado, oregon, enough is enough. and we have to act. we have to do whatever we
you have the whole issue of whether or not the debt ceiling is going to be raised, whether or not that is going to be held hostage to actually paying the bills the government has to pay. you also talk about immigration reform. where does this fit in in terms of the president's priorities, do you think? >> well, from where i sat today, obviously it seems to be a very high priority for the president of the united states. i'll let the white house and the administration answer how they're...
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to have a hard time with the debt ceiling. that 27 could go to 12. >> there is usually somewhere lower to go. thank you very much, john avalon. >>> all right, well "outfront" next, we are learning new details about the american hostages in algeria. the family of one hostage spoke with cnn's david mattingly today. he's been chasing that down and he is going to be "outfront" in a moment. and more trouble for boeing. the electric problem of the dreamliner leading more countries to ground planes from america's biggest company. about health care...se i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive
to have a hard time with the debt ceiling. that 27 could go to 12. >> there is usually somewhere lower to go. thank you very much, john avalon. >>> all right, well "outfront" next, we are learning new details about the american hostages in algeria. the family of one hostage spoke with cnn's david mattingly today. he's been chasing that down and he is going to be "outfront" in a moment. and more trouble for boeing. the electric problem of the dreamliner leading...
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Jan 15, 2013
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bolster the republicans hand when it comes to dealing with the democrats on the issue of debt and much more. ohio senator rob portman is here. and what do you make of obama, only 2006 a vote against the debt ceiling. >> it went further than that. he said it would be unpatriotic. >> sean: that's another, i actually have that clip. you want to see it. >> sure. >> sean: let's show the videotape. >> the problem is, is that the way bush has done it over the last eight years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from 5 trillion dollars for the first 42 presidents, number 43 added 4 trillion dollars by his lonesome, so we now have over 9 trillion dollars of debt that we are going to have to pay back. $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >> sean: now at 16 trillion and $52,000 for every man, woman and child without unfunded liability. >> i posted 6 trillion dollars ago actually. another thing that he said, sean, i think is equally important, this means republicans don't want to pa
bolster the republicans hand when it comes to dealing with the democrats on the issue of debt and much more. ohio senator rob portman is here. and what do you make of obama, only 2006 a vote against the debt ceiling. >> it went further than that. he said it would be unpatriotic. >> sean: that's another, i actually have that clip. you want to see it. >> sure. >> sean: let's show the videotape. >> the problem is, is that the way bush has done it over the last eight...
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Jan 14, 2013
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and so you have this fight over the debt ceiling, but it is about bigger issues. the debt ceiling has nothing to do with immigration reform, nothing to do with the proposals on gun control, nothing to do with anything else the president might want to do in his second term, but guess what, it does affect the climate in washington. and the fact that he does not have a more trusting, even a private back channel relationship with the key republican leaders is one of the -- one of the reasons and they had responsibility too, i'm not putting it all on the president it a washington crisis if you will, a trust deficit. it is one of the reasons -- >> mitch mcconnell talking. >> so you have to have the vice president go to the senate republican leader, two guys -- they're not best of friends. trust me. i know them both. they're not best of friends. they do trust each other. mitch mcconnell knows if joe biden gives him his word, it is good. we need more of that in washington, not less. >> let me ask you, since i have you, something else the president mentioned, asked, of cou
and so you have this fight over the debt ceiling, but it is about bigger issues. the debt ceiling has nothing to do with immigration reform, nothing to do with the proposals on gun control, nothing to do with anything else the president might want to do in his second term, but guess what, it does affect the climate in washington. and the fact that he does not have a more trusting, even a private back channel relationship with the key republican leaders is one of the -- one of the reasons and...
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Jan 16, 2013
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because i don't think the debt ceiling issue should become such a partisan issue. and i just appeal to the republicans who are having this retreat to realize that they should not place us in that kind of jeopardy. so there will be a hearing. we're going to work on witnesses today, settle them, and i hope the chairman and i will be resolving who will be the witnesses. they get the choice, the majority, but in this case i think there will be consternation as to who they pick and our choice. host: ok, all right. guest: we'll have one witness out of four. host: could it be secretary geithner? guest: no. host: do you think they'll call on him, the republicans? guest: no. host: tony, olive branch, mississippi. republican. hi, tony. caller: good morning. how you doing, senator? guest: where is olive branch? caller: it's down across the street from memphis, tennessee -- mississippi. guest: i've been across the bridge there. host: what's your question or comment? caller: my deal is when you talk about congress and everybody is looking at discretionary spending, i beg it dif
because i don't think the debt ceiling issue should become such a partisan issue. and i just appeal to the republicans who are having this retreat to realize that they should not place us in that kind of jeopardy. so there will be a hearing. we're going to work on witnesses today, settle them, and i hope the chairman and i will be resolving who will be the witnesses. they get the choice, the majority, but in this case i think there will be consternation as to who they pick and our choice. host:...
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Jan 20, 2013
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the idea the republicans have said they will go along with the three-month extension on the debt ceiling, increase? are you going to be-- does that help? >> well, it's helpful that they have now dropped their demand, that the only way they're going to pay the country's billes, they themselves racked up, would be to extract some concessions. we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to run an economy or railroad or anything else so that's not ideal. so i think it's a significant moment that the republican party now has moved off their position that the only way they're going to pay their bills is if they ge the correct kind of concessions. now, where does that leave us? i think we would be better served to go back to regular order in congress so we're notica reaping crisis to crisis; congress ought to work together and come up with a long-term fiscal plan >> but you see this as a good sign? >> i think they're no longer saying the only way we pay our bills is to have huge cuts in thing
the idea the republicans have said they will go along with the three-month extension on the debt ceiling, increase? are you going to be-- does that help? >> well, it's helpful that they have now dropped their demand, that the only way they're going to pay the country's billes, they themselves racked up, would be to extract some concessions. we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to...
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Jan 15, 2013
01/13
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there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there are more than one battle happening. where do you think the negotiations should take place? should be the debt ceiling or the continuing resolution to fund the government or sequestration? caller: the continuing revolution to keep the government going -- resolution. there are many departments we don't need. i was showing my grandchildr the debt clock, telling him how much money he would know when he becomes a taxpayer. he said he does not want to become a taxpayer. this is taxation without representation. they have to get this under control. they need a dyiet. host
there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there...
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Jan 19, 2013
01/13
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ceiling, but if he is to do -- with regard to the gun control and universal background checks and he is going to have to spend a great deal of time and a great deal of political capital to get that done. >> the white house says a few things about this. one thing is he has his coalition that elected him by a strong margin behind him and they'll amplify that coalition as much as they can to try and push action, but they're looking at this as a three-track deal and the immigration reform measures they'll start pushing plus gun control. >> in four or five months he becomes a lame duck president. >> pretty much. >> we'll come back to you guys later in the show and i want to talk about what happened in the gop retreat, as well. >> coming up, though, 50 years ago she predicted america would not see an african-american president in her lifetime. maya angelou will join me in just a few minutes. >>> also the little girl that stood beside president obama as he unveiled the new gun proposals and the letter that helped move a president to action. 8-year-old henna zija will join us next. ♪ ♪ s
ceiling, but if he is to do -- with regard to the gun control and universal background checks and he is going to have to spend a great deal of time and a great deal of political capital to get that done. >> the white house says a few things about this. one thing is he has his coalition that elected him by a strong margin behind him and they'll amplify that coalition as much as they can to try and push action, but they're looking at this as a three-track deal and the immigration reform...
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Jan 14, 2013
01/13
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ceiling issue. i know you've said you're not negotiating and your administration has ruled out the various ideas that were out there, the 14th amendment, but just this morning one of the house members asked you to use the 14th amendment and said sometimes that's what it takes. he brought up the proclamation and he compared the debt ceiling to that. so are you considering a plan b? and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. and so there is a very simple solution to this. congress authorizes us to pay our bills. now, if the house and the senate want to give me the authority so that they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i'm happy to take it. mitch mcconnell, the republican leader in the senate, had a proposal like that last year, and i'm happy to accept it. but if they want to keep this responsibility, then they need to go ahead and get it done. a
ceiling issue. i know you've said you're not negotiating and your administration has ruled out the various ideas that were out there, the 14th amendment, but just this morning one of the house members asked you to use the 14th amendment and said sometimes that's what it takes. he brought up the proclamation and he compared the debt ceiling to that. so are you considering a plan b? and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a...
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Jan 16, 2013
01/13
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the and the debt ceiling is a restraint. what the democrats want is a blank check. i'm not sure it's constitutional because congress rules on the issue of money, not the executive branch. so, i'm not sure the constitutionality of it. if you did abolish this debt ceiling, you would pretty soon get yourself a downgrade. these rating agencies would say, your debt is just running away. you're not credit worthy. >> megyn: the debt ceiling is in place, it doesn't seem they trust our lawmakers to live within their moneys and with the money. when you look at 16.4 trillion, they're right, we're not living in our means. and there's a question, stu, you see that number, i think of my kids and think of my children. who is going to pay that number? it's probably not going to be me. >> right. >> megyn: it's probably going to be my kids. >> look, for what is it, 238 years america's had a principle, we sacrifice today for the benefit of our children in the future. you remove that debt ceiling and you totally reversed that financial principle. what you're saying is, we will make our
the and the debt ceiling is a restraint. what the democrats want is a blank check. i'm not sure it's constitutional because congress rules on the issue of money, not the executive branch. so, i'm not sure the constitutionality of it. if you did abolish this debt ceiling, you would pretty soon get yourself a downgrade. these rating agencies would say, your debt is just running away. you're not credit worthy. >> megyn: the debt ceiling is in place, it doesn't seem they trust our lawmakers...
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Jan 19, 2013
01/13
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ceiling as the point to which to make cuts. there are other issues coming up like the continuing resolution and sequester cuts where they would like to make their last stand there for cutting getting spending cuts and allow on temporary extension without not much attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only re-elected the president but gave us the same senate in the house as we had before. so as much as they are saying economy isn't going well, when they had an opportunity to change things they voted for more of the same. >> heather: you mentioned congress, finally two polls dealing
ceiling as the point to which to make cuts. there are other issues coming up like the continuing resolution and sequester cuts where they would like to make their last stand there for cutting getting spending cuts and allow on temporary extension without not much attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic...
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Jan 15, 2013
01/13
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KGO
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to congressional republicans, raise the debt ceiling. but house republicans have been equally adamant they will not raise the debt ceiling unless the president first agrees to major spending cuts. >> i think the real issue here is, we all know, is spending. >> reporter: the president insists this is not even a subject for negotiation. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: stakes are higher than they were during the new year's eve showdown over the fiscal cliff. if an agreement isn't reached, the federal government faces default on its debt and a partial shutdown. >> social security checks and veterans benefits will be delayed. we might not be able to pay our troops. >> reporter: some have suggested president obama would have better luck with the republicans if he socialized with them. the president said that probably wouldn't make much of a difference, but he wouldn't mind trying. >> most people who kn
to congressional republicans, raise the debt ceiling. but house republicans have been equally adamant they will not raise the debt ceiling unless the president first agrees to major spending cuts. >> i think the real issue here is, we all know, is spending. >> reporter: the president insists this is not even a subject for negotiation. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not...
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Jan 15, 2013
01/13
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. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united states hostage -- >> we have never seen that but we have never seen the kind of use of the filibuster that we see now to stop everything, and as you said, the blocking of appointments. there has always been this courtesy to the president of the united states to at least have hearings and -- and debates about these nominees but you know -- one person to stop it -- >> stephanie: right. and the way the main stream media covers it drives me insane. the president nominates a republican, and there is outrage. >> i know and he doesn't have enough beer parties or something. >> stephanie: yeah exactly. the other thing the president addressed was gun legislation, and if it is not different this time, congress woman i don't know when it will be if you watched any those sandy hook families yesterday. >> wasn't that stunning? >> stephanie:
. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united states hostage -- >> we have never seen that but we have never seen the kind of use of the filibuster that we see now to stop everything, and as you said, the blocking of appointments. there has always been this...
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Jan 14, 2013
01/13
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melissa: he keeps bringing this argument on the debt ceiling i think is so false how we racked up the bills and how we're now trying to say we don't want to pay them. who would possibly issue you more credit when you haven't put forward a plan how you're going to spend within your means within the future? american dress will not raise your limit when you can't pay it simply because you want more credit? you need to have a workout plan to deal with your debt before someone will loan you more money. >> i love this nonsense that he is spewing about being, we're not a deadbeat nation. thank you, mr. president. god we're so thrilled to have your blessing on that reality. that kind of nonsenseal talk, nonsenseal, not common senseal talk, is really the stuff that doesn't belong in a white house. it doesn't belong in the discussion. we are a debtor nation. we have been a debtor nation for quite some time. the issue is how to change it. i love the capricious way, if the problem were just about reducing deficits. mr. president, that is exactly what it is about. it is about cutting spending. it
melissa: he keeps bringing this argument on the debt ceiling i think is so false how we racked up the bills and how we're now trying to say we don't want to pay them. who would possibly issue you more credit when you haven't put forward a plan how you're going to spend within your means within the future? american dress will not raise your limit when you can't pay it simply because you want more credit? you need to have a workout plan to deal with your debt before someone will loan you more...
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Jan 17, 2013
01/13
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you have the sequestered, the debt ceiling, and you have the continuing resolution. the sequestered and debt ceiling fall on top of each other towards the end of february. these to say and republican leadership and the senate, which is served in for 12 years, you never take a hostage you cannot shoot. the problem with the house was they took hostage the cannot shoot when they took the fiscal cliff. if the republican members of congress take the debt ceiling as a hostage, it is a hostage you cannot shoot. as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game is over. tenfold. because believe me, though congress can stand up to the
you have the sequestered, the debt ceiling, and you have the continuing resolution. the sequestered and debt ceiling fall on top of each other towards the end of february. these to say and republican leadership and the senate, which is served in for 12 years, you never take a hostage you cannot shoot. the problem with the house was they took hostage the cannot shoot when they took the fiscal cliff. if the republican members of congress take the debt ceiling as a hostage, it is a hostage you...
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Jan 15, 2013
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talking about time to raise the debt ceiling, right? president obama warned he will not enter into another game of brinkmanship as he referred to it over the debt sealing with republicans. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. if congressional republicans refuse to pay america's bills on time, social security checks and veterans benefits will be delayed. investors around the world will ask if the united states of america is in fact a safe bet. the full faith and credit of the united states of america is not a bargaining chip. martha: a lot of talk about the president's demeanor at that news conference yesterday. we'll get into that a little bit more coming up but for now does this really come down to an issue of raising the spending limit or defaulting on our credibility as the president has talked about. let's bring in stuart varney, host of "varney & company" on fox business network. so, stuart, you feel the way he is framing this is incorrect? >> yes. we're not going to default, per
talking about time to raise the debt ceiling, right? president obama warned he will not enter into another game of brinkmanship as he referred to it over the debt sealing with republicans. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. if congressional republicans refuse to pay america's bills on time, social security checks and veterans benefits will be delayed. investors around the world will ask if the united states of america is in fact a...
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Jan 19, 2013
01/13
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WUSA
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. >> you also will need to have a budget in place in order to come to that debt ceiling debate as the republicans have laid it out at this point and you're also going to be dealing with the deficit and all of the other issues. so are you basically saying you don't think anything's changed here? >> no. i think the republicans have realized it's a political problem and a real problem if we jeopardize the full faith and credit of the united states. i'm not sure they understand we need to pay our bills. they seem to be confused if they only proposed three months. a clean debt ceiling is the only way to go. when we get to march 2nd and the sequester deadline approaches again, we need to focus on a balanced debt ceiling focus. that's what this is about. the americans made a decision. they embrace president obama's idea that we should have revenue and closed tax loopholes for the wealthiest pay more and reduce spending in a balanced way. >> i think what people also hoped that they were voting for was the democrats and republicans would get in a room together and would cooperate. >> that's ri
. >> you also will need to have a budget in place in order to come to that debt ceiling debate as the republicans have laid it out at this point and you're also going to be dealing with the deficit and all of the other issues. so are you basically saying you don't think anything's changed here? >> no. i think the republicans have realized it's a political problem and a real problem if we jeopardize the full faith and credit of the united states. i'm not sure they understand we need...
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Jan 18, 2013
01/13
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ceiling. congressional republicans that is. and here in washington everybody gearing up for the big inauguration. meanwhile, very striking cbs/"new york times" poll out this morning revealing that the american people are overwhelmingly behind the common sense new measures to reduce gun violence unveiled this week by president obama and vice president biden, 92% of americans saying they support a universal background check. 63% support a ban on high-capacity magazines. 53% supporting a ban renewing of the ban on assault weapons. the american people are ready for action. on another front, two high-profile celebrities proving that they are nothing but big, fat liars today. lance armstrong lying about the tour de france and manti te'o lying about his girlfriend. all of that coming up right here on current tv. right have, about the "heavy hand of government" ... i want to have that conversation. let's talk about it. really? you're going to lay people off because now the government is going to help
ceiling. congressional republicans that is. and here in washington everybody gearing up for the big inauguration. meanwhile, very striking cbs/"new york times" poll out this morning revealing that the american people are overwhelmingly behind the common sense new measures to reduce gun violence unveiled this week by president obama and vice president biden, 92% of americans saying they support a universal background check. 63% support a ban on high-capacity magazines. 53% supporting a...
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Jan 15, 2013
01/13
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ceiling debate go out? john boehner promised he will not bring a bill to the floor that does not have a majority of support of republicans. >> i'm not aware of that per se, i would refer you to his office. >> congressman, thank you. >> you're welcome. >>> still ahead, coca-cola says they are trying to fight obesity with a new ad they've released. is it thinking ahead about their own industry? a panel will talk about that straight ahead. you're watching "starting point," back in a moment. with the bankamericard cash rewards credit card. earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas. no hoops to jump through. i earn more cash back on the things i buy the most. [ woman ] it's as easy as... one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. i had[ designer ]eeling enough of just covering upewards credit card. my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [
ceiling debate go out? john boehner promised he will not bring a bill to the floor that does not have a majority of support of republicans. >> i'm not aware of that per se, i would refer you to his office. >> congressman, thank you. >> you're welcome. >>> still ahead, coca-cola says they are trying to fight obesity with a new ad they've released. is it thinking ahead about their own industry? a panel will talk about that straight ahead. you're watching "starting...
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Jan 15, 2013
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a statement that read "the american people do not support raising the debt ceiling without reducing government spending at the same time. the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved." joining us is amy kremer, chairwoman of the tea party express. thanks for coming in this morning. >> thanks for having me. >> safe bet you're against raising the debt ceiling without spending cuts. >> the problem is the spending cuts never come. the republicans find themselves in the situation all the time t happened with reagan and bush 41 and with the sequester, it's been put off for two months, the spending cuts never come and we cannot continue down this path with over $16 trillion in debt, and a deficit of $1.4 trillion to $1.6 trillion per year. we're spending $1.6 million per year than we're bringing in. >> you've accused the president of using scare tactics. what do you mean by that? do you think he's lying about what could happen? >> the thing is, you know what, first of all it's not cong
a statement that read "the american people do not support raising the debt ceiling without reducing government spending at the same time. the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved." joining us is amy kremer, chairwoman of the tea party express. thanks for coming in this morning. >> thanks for having me. >> safe bet you're against raising the debt ceiling without...
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Jan 21, 2013
01/13
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debt ceiling, entitlement reform, et cetera, et cetera. right and left, republicans and democrats are diametrically opposed with their orthodoxy. democrats more moderate with republicans on certain things. republicans are more send activity that work with democrats. in the wake of the 2012 election as we look forward what is happening with the president's second term there are historical realities. the country is system of two parties and they compete hard. they compete hard for their agendas and it is not going to be an easy year. a second term is difficult one. the first year of four is really the best, some say only opportunity to pass legislation effectively. after the second year of a second term, on comes the midterm, 2014 will be a very, very important time which will determine by who is ted anated aho wi, what the republican and democratic presidential candidates look like in the back of president obama's second term and who his successor will be. something that has not happened in many years, not at all inconceivable. everyone rec
debt ceiling, entitlement reform, et cetera, et cetera. right and left, republicans and democrats are diametrically opposed with their orthodoxy. democrats more moderate with republicans on certain things. republicans are more send activity that work with democrats. in the wake of the 2012 election as we look forward what is happening with the president's second term there are historical realities. the country is system of two parties and they compete hard. they compete hard for their agendas...
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Jan 21, 2013
01/13
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FOXNEWS
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ceiling to try to hammer out more spending cuts and coupled with chuck schumer, the man in charge of today's big inaugural event, more tax hikes. a lot of bruising to come as far as they settle this but they are a long way from settling it. martha: neil, that raises a bigger question. you look at the second term of fdr who dealt with obviously severe economic distress in this country. what happened was they relapsed. there is lot of concern if we do continue to raise taxes and small business owners who the president said are one of his priorities in the second term, but if their sense is their taxes are going higher, they will continue to pull in and get smaller and leaner and not hire i would imagine. so the big question is, where is the whole economy going to head if taxes are increased in other ways in this country? >> well you know the president spoke to quickly come back at the notion, if wall street is worried about this and companies are worried about this, investors are worried about this they have a funny way of showing it. the s&p, the dow, some of these other averages are
ceiling to try to hammer out more spending cuts and coupled with chuck schumer, the man in charge of today's big inaugural event, more tax hikes. a lot of bruising to come as far as they settle this but they are a long way from settling it. martha: neil, that raises a bigger question. you look at the second term of fdr who dealt with obviously severe economic distress in this country. what happened was they relapsed. there is lot of concern if we do continue to raise taxes and small business...
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Jan 21, 2013
01/13
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piecemeal is exactly the right word to describe the congress you are going to see on debt ceiling. the republicans in the house are talking about a short-term view of that. it certainly would avoid disaster coming up for the end of march. you will still have the issue of raising it for the long term. on the republican side there is no real appetite to do that without the reforms. same for gun-control. a lot of the agenda items that the president announced last week, the 23 executive actions you will see taken piece by piece. the easiest one to accomplish will be those that come forward the fastest, and the same for immigration reform. there is a lot that could be done and a comprehensive approach, but i think you will see that come down to the very bare minimum that both sides are able to agree on. >> let me follow up with a vote that will happen on wednesday. that will give another three months and the extension of the debt limit. weird is that position? why delay that for three months? where does that put them in march and april? >> this is an acknowledgement that they have lost
piecemeal is exactly the right word to describe the congress you are going to see on debt ceiling. the republicans in the house are talking about a short-term view of that. it certainly would avoid disaster coming up for the end of march. you will still have the issue of raising it for the long term. on the republican side there is no real appetite to do that without the reforms. same for gun-control. a lot of the agenda items that the president announced last week, the 23 executive actions you...